Oxford PV Delivers First Tandem Perovskite Solar Panels

Oxford PV, a leading solar technology company, has achieved a significant milestone by shipping the world's first commercial perovskite tandem solar panels. The company's inaugural shipment consists of 72 cell tandem perovskite solar panels destined for a US customer for a utility-scale installation.

These innovative panels incorporate a perovskite layer on top of a silicon cell, resulting in an impressive energy conversion efficiency of 24.5%. This high efficiency not only helps in reducing the overall cost of electricity but also represents a major advancement in solar technology.

The successful deployment of these perovskite tandem solar panels marks a historic moment in the renewable energy sector. Oxford PV has been at the forefront of developing and commercializing this cutting-edge technology since 2014, achieving a remarkable module efficiency record of 26.9%.

Manufactured at Oxford PV's megawatt-scale pilot line in Brandenburg an der Havel, Germany, the first batch of Oxford perovskite tandem PV panels showcases the company's commitment to driving innovation in the solar industry. Plans for a gigafactory at another site are already in the pipeline, signaling further expansion and growth.

"The commercialization of this technology is a breakthrough for the energy industry," stated David Ward, CEO of Oxford PV. "High-efficiency technologies like perovskite tandem solar panels represent the future of the solar industry, and that future is now becoming a reality. Solar innovation will play a crucial role in accelerating the electrification and decarbonization of our transportation, homes, and industries."

In the near future, Oxford PV aims to ramp up production at its facility in Brandenburg an der Havel, Germany, catering to additional utility customers, developing specialty products, and exploring pilot residential applications. The company's long-term vision includes scaling production to a gigawatt scale at a future high-volume manufacturing site, further solidifying its position as a key player in the renewable energy market.

Furthermore, Oxford PV has introduced a double-glass 60-cell residential-size module boasting an impressive efficiency of 26.9%. This surpasses the performance of current best silicon modules within a similar designated module area. With a compact size of just over 1.6 m2 and weighing under 25 kg, this module is ideal for residential applications, offering homeowners a sustainable and efficient energy solution.

For more information about Oxford PV and its groundbreaking solar technologies, visit www.oxfordpv.com.